NOT LISTED FOR SALE
8 Beds
4 Baths
4,984 Sq Ft
5,362 Sq Ft Lot

Last Sold April 25, 2024

Last sale price $420,000 $84 Per Sq Ft

8 Days on Market

About This Home

As of April 2024

Attention investors! This is an opportunity for you to become the owner of a 4 Unit Multi Family Home located in the East Forest Park neighborhood. Each of the four units features one bedroom, one bathroom, a dining room and living room. Most tenants are using the additional room as a bedroom to make it a two bed unit. With there being a closet in the additional room, these units can convert easily into legal two bedroom units! In the past year, three of the four units have undergone updates. Each unit is individually metered, and tenants are responsible to pay. Additionally, there is a parking lot at the rear of the property with room for 4 or more cars. Additionally, repairs have been made to both the roof and the front porches within the last year.

Last Agent to Sell the Property

Jennilee Madison

Lock and Key Realty Inc. Listed on: 02/28/2024

Lock and Key Realty Inc.

Co-Listed By

Jessica Mekal

Lock and Key Realty Inc.

Last Buyer's Agent

ChangBae Son

Premier Realty Group - Lexington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,534

Year Built

  • Built in 1926

Lot Details

  • 5,362

Home Design

  • 4,984 Sq Ft Home
  • Brick Foundation
  • Block Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Additional Features

  • Porch
  • 5,362 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $4,580
  • Assessor Parcel Number S:00280 P:1273,2570918

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,534

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1926
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Living Area: 4984
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN5521
  • LIST PRICE PER Sq Ft: 78.05
  • PRICE PER Sq Ft: 84.27
  • MAIN SO: AN1953

Exterior Features

  • Foundation Details: Block, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: S:00280 P:1273,2570918
  • Zoning: SB1I2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5362
  • Lot Size Units: Acres
  • PAGE: 376
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4534
  • Tax Book Number: 25049

Multi Family

  • Gross Income: 16800
  • Net Operating Income: 16800
  • Number Of Units Total: 4
  • Total Actual Rent: 4580
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $420,000 +8.0% $84 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $389,000 +34.1% $78 / Sq Ft
06/21/2023 06/21/23 Sold $290,000 0.0% $58 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $290,000 +23.4% $58 / Sq Ft
09/23/2020 09/23/20 Sold $235,000 -21.7% $47 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $300,000 0.0% $60 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $300,000 -- $60 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73206119

MLS Property Information Network (MLS PIN)

APN: SPRI S:00280 P:1273